2 days Ago By ABMN Staff
Prudential Financial Inc. lowered its position in Stitch Fix, Inc. ( NASDAQ:SFIX – Free Report ) by 59.
4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,100 shares of the company’s stock after selling 38,200 shares during the quarter. Prudential Financial Inc.
’s holdings in Stitch Fix were worth $112,000 as of its most recent SEC filing. Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc.
lifted its position in Stitch Fix by 7.6% in the fourth quarter. Vanguard Group Inc.
now owns 6,469,114 shares of the company’s stock worth $27,882,000 after purchasing an additional 457,568 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Stitch Fix by 46.
8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 732,990 shares of the company’s stock valued at $3,159,000 after buying an additional 233,848 shares during the period.
Public Employees Retirement System of Ohio raised its stake in shares of Stitch Fix by 2,253.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 146,750 shares of the company’s stock valued at $414,000 after buying an additional 140,515 shares in the last quarter.
Counterpoint Mutual Funds LLC bought a new position in shares of Stitch Fix during the 4th quarter worth about $365,000. Finally, Geode Capital Management LLC boosted its position in shares of Stitch Fix by 3.8% during the 3rd quarter.
Geode Capital Management LLC now owns 2,294,925 shares of the company’s stock valued at $6,473,000 after acquiring an additional 83,220 shares in the last quarter. Institutional investors and hedge funds own 71.04% of the company’s stock.
Wall Street Analysts Forecast Growth Separately, Telsey Advisory Group reissued a “market perform” rating and issued a $6.00 price target on shares of Stitch Fix in a research report on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company.
According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $4.50. Stitch Fix Stock Performance Shares of NASDAQ:SFIX opened at $2.
99 on Friday. The company has a market capitalization of $385.10 million, a PE ratio of -3.
60 and a beta of 2.03. The company’s fifty day moving average is $4.
14 and its 200-day moving average is $4.01. Stitch Fix, Inc.
has a 52 week low of $2.06 and a 52 week high of $6.99.
Stitch Fix ( NASDAQ:SFIX – Get Free Report ) last released its quarterly earnings results on Tuesday, March 11th. The company reported ($0.05) EPS for the quarter, beating analysts’ consensus estimates of ($0.
11) by $0.06. The firm had revenue of $312.
11 million for the quarter, compared to analyst estimates of $298.04 million. Stitch Fix had a negative net margin of 7.
71% and a negative return on equity of 32.71%. The company’s revenue for the quarter was down 5.
5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.29) earnings per share.
On average, analysts forecast that Stitch Fix, Inc. will post -0.44 EPS for the current year.
Stitch Fix Profile ( Free Report ) Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.
Further Reading Want to see what other hedge funds are holding SFIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stitch Fix, Inc. ( NASDAQ:SFIX – Free Report ).
Receive News & Ratings for Stitch Fix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stitch Fix and related companies with MarketBeat.com's FREE daily email newsletter ..
